Section 50889 Of Article 2. Community Housing Developments From California Health And Safety Code >> Division 31. >> Part 2. >> Chapter 15. >> Article 2.
50889
. The community housing development shall include, to the
extent feasible, financial and nonfinancial public assistance and
private assistance in its development costs as well as its operating
costs, as determined by the department. The department shall adopt
regulations which encourage the use of other assistance as identified
in this section. The categories of assistance shall include, but not
be limited to, all of the following:
(a) Direct financial grants from public and private sources
including, but not limited to, Community Development Block Grants,
Urban Development Assistance Grants, redevelopment agency grants, or
foundation grants.
(b) Direct loans for construction, mortgages, or operational costs
from state or local issuances of revenue bonds or redevelopment
bonds, or other public or private loans which result in below market
rate financing.
(c) Direct nonfinancial considerations, including those required
pursuant to Chapter 4.3 (commencing with Section 65915) of Division 1
of Title 7 of the Government Code.
(d) Indirect financial considerations such as the waiver of local
fees, the reduction or elimination of land dedications and impact
fees, and the provision of infrastructure costs.
(e) Direct financial assistance from private industry councils and
service delivery areas under Division 8 (commencing with Section
15000) of the Unemployment Insurance Code, or Article 3.1 (commencing
with Section 11315) of Chapter 2 of Part 3 of Division 9 of the
Welfare and Institutions Code or private sector investment in support
of job training, job placement, or self-employment or residents or
potential residents.